E N D
ACC 561 Educational Tutor/ indigohelp ACC 561 Entire Course ACC 561 Final Exam Guide 1. Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? 2. The group of users of accounting information charged with achieving the goals of the business is its 3. Which of the following financial statements is cornered with the company at a point in time? 4. An income statement 5. The most important information needed to determine if companies can pay their current obligations is the • ACC 561 Week 1 Wileyplus assignment BE 1-7, BE 1-8 • ACC 561 Week 1 Individual Assignment Financial Statement Review • ACC 561 Week 1 Wileyplus Practice Quiz • ACC 561 Week 2 Individual Assignment Sarbanes-Oxley Act of 2002 • ACC 561 Week 2 Learning Team Reflection ( comparative and ratio analysis) • ACC 561 Week 2 Wileyplus Practice Quiz
ACC 561 Educational Tutor/ indigohelp ACC 561 Final Exam Guide 1 ACC 561 Final Exam Guide 2 1) According to the Financial Executives Institute, one function of the treasurer is _____ 2) Budgets _____. 3) Department performance reports can be used to help department heads determine _____. 4) Ethical accountants are important to society because _____. • 1) Department performance reports can be used to help department heads determine _____. • 2) Performance reports _____. • 3) According to the Financial Executives Institute, one function of controllership is _____. • 4) Which of the following is not a major factor causing changes in management accounting today? A. Increasing importance of the service sector of the economy is not a major factor.
ACC 561 Educational Tutor/ indigohelp ACC 561 Final Exam Guide 3 ACC 561 Final Exam Guide 4 1) The statement of cash flows is used for _____. 2) Nonoperating items on the income statement _____. A. are revenues and expenses arising from adjusting entries B. include interest income and expense C. appear only on corporate income statements D. appear on the income statement immediately after gross profit • 1) According to the Financial Executives Institute, one function of controllership is _____. • 2) Performance reports _____. • 3) Budgets _____. • 4) Ethical accountants are important to society because _____.
ACC 561 Educational Tutor/ indigohelp ACC 561 Final Exam Guide All 4 Sets ACC 561 Week 1 Individual Assignment Financial Statement Differentiation Paper Write a paper of approximately 700 words discussing the four different types of financial statements. Explain the information provided by each statement and respond to the following questions. -Which financial statement, or statements, would be of most interest to investors? • to see the detail of any set click on related product or else please go to bus 475 final exam under categories listed on the home page
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 1 Individual Assignment Financial Statement Review ACC 561 Week 1 Wileyplus assignment BE 1-7, BE 1-8 Resource: WileyPLUS Complete the following Week 1 Assignment in WileyPLUS: Brief Exercise: 1-7 Brief Exercise: 1-8 • Select an American corporation. • Visit its website and download the Income Statement, Statement of Stockholders Equity, Balance Sheet, and Statement of Cash Flows. • Complete the University of Phoenix Material: Financial Statement Review Worksheet.
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 1 Wileyplus Practice Quiz ACC 561 Week 2 Individual Assignment Sarbanes-Oxley Act of 2002 Write a paper that describes the main aspects of the regulatory environment which will protect the public from fraud within corporations, Pay particular attention to SOX requirements. Required Elements: • No more than 1400 words • Specifically evaluate whether SOX will be effective in avoiding future frauds. • Format consistent with APA guidelines • 1. The proprietorship form of business organization • 2. Most business enterprises in the United States are • 3. A business organized as a separate legal entity is a • 4. Which of the following is the best definition of an internal user of accounting information? • 5. Which of the following
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 2 Learning Team Reflection (comparative and ratio analysis) ACC 561 Week 2 Team Assignment Financial Statement Relationship Paper Respond to the following questions in approximately 500 words. In what ways do the elements of the four financial statements interact with one another? How might changing one of the financial statements affect the other financial statements? Why is it essential to understand the relationship between the financial statements? • Write a paper of no more than 750 words in which you discuss the difference between comparative and ratio analysis. Differentiate and share • the purpose and importance of each. Click the Assignment Files tab to submit your assignment.
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 2 Wileyplus Practice Quiz ACC 561 Week 3 Team Assignment American Corporation Analysis Select an American corporation. Visit its website and download its financial statements. Write a paper of no more than 1250 words in which you conduct a comparative and ratio analysis to measure profitability and liquidity. Click the Assignment Files tab to submit your assignment. • 1. The relationship between current assets and current liabilities is important in evaluating a company’s • 2. Which of the following is a measure of liquidity? • 3. Current assets divided by current liabilities is known as the • 4. Danner Corporation reported net sales of $600,000 and $800,000 in the years 2011, 2012, and 2013, respectively. If 2011 is the base year, what percentage do 2013 sales represent of the base?
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 3 Team Assignment Tootsie Roll Industries Inc. Loan Package ACC 561 Week 3 Wileyplus Assignment (BE 13-8, BE 13-9, BE 13-4, BE 13-5, BE 13-10, BE 13-13) Access the following Week 3 Assignment in WileyPLUS: • Brief Exercise 13-8 (essay) • Brief Exercise 13-9 (essay) • Brief Exercise 13-4 • Brief Exercise 13-5 • Brief Exercise 13-10 • Please read the detailed instructions for this assignment in the learning activities for this week. You must follow all instructions for this assignment. Please see the attached grading rubric for this assignment. • Conduct an Internet search information on how to assemble a loan package by researching loan package requirements at The U.S. Small Business
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 3 Wileyplus Practice Quiz ACC 561 Week 4 Learning Team Reflection (CVP Analysis) Managerial accounting is all about making informed decisions. Cost-volume-profit (CVP) analysis is one of the most powerful tools available for managers to crunch numbers, gain a thorough understanding of a situation, and perform a what-if analysis. Write a paper of no more • 1. A major purpose of cost accounting is to • 2. The two basic types of cost accounting systems are • 3. A process cost system would most likely be used by a company that makes • 4. Which of the following would be accounted for using a job order cost system? • 5. The flow of costs in a job order cost system • 6. The entry to record the acquisition of raw materials on account is • 7. Time tickets should be approved by
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 4 Team Assignment CVP Discussion Paper ACC 561 Week 4 WileyPLUS Assignment (Exercise 15-5, 16-3, 17-1) Resource: WileyPLUS Complete the following Week 4 Assignment in WileyPLUS: • Exercise 15-5 • Exercise 16-3 • Exercise 17-1 • Respond to the following questions in approximately 500 words. • • What are the strengths and weaknesses of the CVP model? • • How would you use CVP analysis to determine the product mix within a retail outlet?
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 4 WileyPLUS Assignment Paper Exercise 17-2 ACC 561 Week 4 Wileyplus Practice Quiz 1. A variable cost is a cost that 2. An increase in the level of activity will have the following effects on unit costs for variable and fixed costs: 3. A fixed cost is a cost which 4. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $14 of variable costs to make. During April, 1,000 drives were sold. • Accessthe following Week 4 reading, linked to this assignment: • • Broadening Your Perspective 17-2 • Writea paper of no more than 750 words in which you respond to the Broadening Your Perspective 17-2 activity titled "Managerial Perspective" in Ch. 17 ofAccounting.
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 5 Individual Assignment Costing Methods Paper (Exercise 19-17) ACC 556 Learning Team Assignment- Substantive Procedures for Asset Irregularities Learning Team Assignment: Substantive Procedures for Asset Irregularities Resource: Apollo Shoes Casebook Outline substantive procedures by using the Apollo Shoes Casebook for detecting irregularities in each of the following audit cycles: Accounts receivable • Resource: Ch. 12 of Principles of Fraud Examination • Case Study: The Importance of Timing page 335 • Write a letter or memo in no more than 1,050 words to the organization’s management, and communicate the examination findings explained in the case. Refer to this week’s assigned readings for assistance with formatting a letter or memo to management. Include the following in your letter or memo: • A summary of the matter under investigation
ACC 561 Educational Tutor/ indigohelp ACC 556 Individual Assignment Report on Financial Statement Fraud Scheme ACC 556 Learning Team Assignment- Substantive Procedures for Asset Irregularities Learning Team Assignment: Substantive Procedures for Asset Irregularities Resource: Apollo Shoes Casebook Outline substantive procedures by using the Apollo Shoes Casebook for detecting irregularities in each of the following audit cycles: Accounts receivable • Resource: Ch. 12 of Principles of Fraud Examination • Case Study: The Importance of Timing page 335 • Write a letter or memo in no more than 1,050 words to the organization’s management, and communicate the examination findings explained in the case. Refer to this week’s assigned readings for assistance with formatting a letter or memo to management. Include the following in your letter or memo: • A summary of the matter under investigation
ACC 561 Educational Tutor/ indigohelp ACC 556 Individual Assignment Report on Financial Statement Fraud Scheme ACC 561 Week 5 Individual WileyPLUS Assignment Paper Exercise 18-1 Resource: WileyPLUS Access the following Week 5 Assignment in WileyPLUS: • Broadening Your Perspective 18-1 Write a paper of no more than 750 words in which you respond to the Broadening Your Perspective 18-1 activity titled "Decision Making Across the Organization" in Ch. 18 of Accounting. Click the Assignment Files tab to submit your assignment. • Write a paper of no more than 350 words after completing Exercise 19-17 in WileyPLUS in which you respond to the following questions: • • In this case, would it be better to use the variable or absorption costing method, and why? • • What are the benefits of the two methods?
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 5 Learning Team Deliverables ACC 561 Week 5 WileyPLUS Assignment (BE 18-8, BE 18-10, BE 18-11, BE 19-16, Ex 19-17, BE 21-1, BE 21-4) Resource: WileyPLUS Complete the following Week 5 Assignment in WileyPLUS: • Brief Exercise 18-8 • Brief Exercise 18-10 • Brief Exercise 18-11 • Brief Exercise 19-16 • Exercise 19-17 • Brief Exercise 21-1 • Brief Exercise 21-4 • ACC 561 Week 5 Learning Team Deliverables • (Summary of Week 5)
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 5 Wileyplus Practice Quiz ACC 561 Week 6 Learning Team Reflection (Incremental analysis) Incremental analysis is considered to be more economical than a comprehensive analysis, while being just as effective. Do you agree or disagree? Explain your answer in a paper of no more than 750 words. Click the Assignment Files tab to submit your assignment. • 1. Why are budgets useful in the planning process? • 2. A common starting point in the budgeting process is • 3. Which of the following statements about budget acceptance in an organization is true? • 4. Why is budgetary control? • 5. The comparison of differences between actual and planned results • 6. A static budget
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 6 Team Assignment Master Budgeting Question ACC 561 Week 6 WileyPLUS Assignment (Exercise 20-3, Ex 22-1, BE 23-3, BE 23-4, BE 23-6) Resource: WileyPLUS Complete the following Week 6 Assignment in WileyPLUS: • Exercises: 20-3 • Exercises: 22-1 • Brief Exercise 23-3 • Brief Exercise 23-4 • Brief Exercise 23-6 • Respond to the following questions in approximately 500 words. • The master budget is a detailed and comprehensive analysis of an organization's long- and short-term goals. • Identify the major inputs to the master budget and the usefulness of each. • Additionally, why would a company need to create a master budget? What are the advantages and disadvantages?
ACC 561 Educational Tutor/ indigohelp ACC 561 Week 6 Wileyplus Practice Quiz • 1. A major accounting contribution to the managerial decision-making process in evaluating possible courses of action is to • 2. In incremental analysis, • 3. Incremental analysis is most useful • 4. It costs Ross Co. $24 of variable and $10 of fixed costs to produce one bathroom scale which normally sells for $70. A foreign wholesaler offers to purchase 2,000 scales at $30 each.